Trinity Biotech (TRIBY) Message Board

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Biotech / Medical : Trinity Biotech (TRIBY)

TRIB 0.700

+0.4%

3:55 PM EST

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To: J.F. who wrote (8433)	3/6/1998 10:56:00 PM
From: Yo Yo	Read Replies (1) of 14328

Revenues down more than 8% from previous quarter. No explanation! Gross margins up 6 percentage points, The entire improvement in gross margins was eaten up in other expenses (Very little additional R&D) . Maybe they did hire all 100 new college grads this quarter. Has Monica Lewinski moved to Jamestown, NY? I hope someone explains the massive revenue drop and big jump in expenses during the conference call. This HAS NOT happened from 3rd to 4th quarter in the past. I wonder how 1st qtr will look? The lack of transparency in this company's finances is another thing that holds the price down. No investor who makes money consistantly invests in a company if they cannot see everything under the hood of the financial statements. I asked Bruce Voss if/when Triby would start reporting financials electronically on EDGAR. He said he would ask management. This is probably another item that should be addressed at the conference call. Mr. Voss expressed frustration with Triby management on their lack of being forthcoming with information. How does the company expect Inv. Relations to do their job without information???? Oh well.

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